https://www.taxtmi.com/caselaws?id=120962 The Tribunal upheld the CIT(A)'s decisions, classifying the losses from share transactions as short-term capital losses, confirming the genuineness of the transaction involving Lakme Industries Ltd. shares, and validating the sale of Lloyds Steel Industries Ltd. shares to the assessee's wife. The revenue's appeal was dismissed. en-us Tue, 25 Sep 2007 00:00:00 +0530 Wed, 25 Jul 2012 16:42:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120962 The Tribunal upheld the CIT(A)'s decisions, classifying the losses from share transactions as short-term capital losses, confirming the genuineness of the transaction involving Lakme Industries Ltd. shares, and validating the sale of Lloyds Steel Industries Ltd. shares to the assessee's wife. The revenue's appeal was dismissed. Case-Laws Income Tax Tue, 25 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120962